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In 2020, Facebook acquired Giphy for $400M. Investors, founders and hopefully employees had an exit.
2 years later, the UK blocked the acquisition and Giphy needs to be sold.
What happens in such a situation? People keep the money? Have to give it back? Facebook eats the loss?
2 years later, the UK blocked the acquisition and Giphy needs to be sold.
What happens in such a situation? People keep the money? Have to give it back? Facebook eats the loss?
May 15, 2023 at 5:35 PM
In 2020, Facebook acquired Giphy for $400M. Investors, founders and hopefully employees had an exit.
2 years later, the UK blocked the acquisition and Giphy needs to be sold.
What happens in such a situation? People keep the money? Have to give it back? Facebook eats the loss?
2 years later, the UK blocked the acquisition and Giphy needs to be sold.
What happens in such a situation? People keep the money? Have to give it back? Facebook eats the loss?